New York, December 10, 2025. Kaiko and Kinetiq pioneer 24/7 global on-chain perpetual markets, powered by Kaiko’s HIP-3 oracle infrastructure.
Together, Kaiko and Kinetiq are building a new generation of global markets, completely on-chain where any asset can trade around the clock with the integrity and precision expected from traditional financial infrastructure. Kinetiq’s perpetual futures platform, Markets, leverages Kaiko’s oracle infrastructure and regulated rates, enabling continuous 24/7 on-chain trading of global capital markets.
As Markets adds support for new asset classes completely on-chain, Kaiko provides institutional rates through a dedicated oracle infrastructure on HyperEVM that make perpetual futures on global markets possible. Kaiko’s rates act as independent benchmark index rates to Markets, while incorporating corporate actions, market closures, and real-time validation. These rates are then distributed through Kaiko’s on-chain oracle on HIP-3, ensuring Markets receive accurate and continuous pricing even during low liquidity periods or outside of traditional market hours. Combined with Markets’ high-performance execution and Kaiko’s HIP-3 oracle design, this allows perpetual futures to trade safely, continuously, and predictably.
Created by Kinetiq, Markets is a fully on-chain, decentralized exchange built natively on Hyperliquid. Designed as a universal, permissionless layer for every asset class, Markets brings the speed, composability, and openness of crypto to global capital markets. Global participants can expect the perpification of everything, with deep liquidity, near-instant settlement, and the most complete suite of tooling for traders. Markets is powered and co-owned by its users, who earn a share of all trading activity on the platform.
About Kaiko
Kaiko is the global independent leader in digital asset market data, analytics, indices, and pricing for institutional investors, financial services firms, and regulators. Kaiko provides the foundational data infrastructure that bridges traditional finance and onchain capital markets through regulatory-compliant and auditable data. For over 10 years, Kaiko has delivered the trusted, transparent, and actionable financial data that institutions need to navigate both centralized and decentralized digital asset markets.
About Kinetiq
Kinetiq is a liquid staking protocol built natively on Hyperliquid to unlock utility, yield, and composability for HYPE. It has rapidly grown to become the leading liquid staking token (LST) on Hyperliquid with 80% market share, with over $1 billion in total value locked (TVL) and a modular product suite spanning staking, institutional infrastructure, permissionless exchange deployment, and now its own decentralized exchange enabled by Hyperliquid’s HIP-3.
Created by Kinetiq, Markets is a fully onchain decentralized trading platform built on Hyperliquid as a universal, permissionless layer for all asset classes. Markets is powered and co-owned by its community through kmHYPE, the first decentralized exchange Liquid Staking Token (exLST), built on the same battle-tested architecture that secures billions in TVL with Kinetiq’s kHYPE.
To learn more, visit https://kinetiq.xyz or follow @kinetiq_xyz and @markets_xyz on X.
Contact details
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